INDUSTRIAL TRAINING ACT (NORTHERN IRELAND) 1964 - SECT 8 Reports and accounts of industrial training boards.

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INDUSTRIAL TRAINING ACT (NORTHERN IRELAND) 1964 - SECT 8

Reports and accounts of industrial training boards.

8.(1) An industrial training board shall keep proper accounts and other
records in relation to the accounts and prepare in respect of each of their
financial years a statement of account in such form as the Ministry may, with
the approval of the Ministry of Finance, determine.

(2) The accounts of an industrial training board shall be audited by auditors
appointed by the board and no person shall be qualified to be so appointed
unless he is a member of a body of accountants [established in the United
Kingdom and for the time being recognised for the purposes of paragraph (a) of
section 155(1) of the Companies Act (Northern Ireland) 1960 by the Ministry of
Commerce.] [for the time being listed in Article 26(1)(a) of the Companies
(Northern Ireland) Order 1978.]

(3) An industrial training board shall for each of their financial years make
a report of their activities to the Ministry and that report shall include a
statement of the accounts of the board for that year together with a copy of
any report made by the auditors on the accounts.

(4) The Ministry shall cause a copy of every such report to be laid before
Parliament.

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Northern Irish Legislation

INDUSTRIAL TRAINING ACT (NORTHERN IRELAND) 1964 - SECT 8